Commodity exports tipped to slump

From Smh.com.au: Commodity exports from Australia, the worlds largest shipper of iron ore, coal and wool, are forecast to decline in fiscal 2010 for the first time in six years before rebounding the following year as the global economy recovers.

Sales may drop 17% to $162 billion in the 12 months ending June 30, 2010, the Australian Bureau of Agricultural and Resource Economics (ABARE) said today in a report….. Full Article: Source